Southwestern Energy (SWN) Stock Lower as Oil Prices Dip

NEW YORK (TheStreet) -- Shares of Southwestern Energy (SWN) - Get Report are down by 3.63% to $11.43 on Friday afternoon, as the decline in oil prices hits the energy sector dragging some stocks into negative territory.

Crude oil (WTI) is sliding by 1.13% to $46.17 per barrel this afternoon, Brent crude is falling by 0.67% to $47.76 per barrel.

The price of the commodity is trading in the red as the dollar strengthens and as investors cash in on recent gains, Reuters reports.

Also pressuring oil prices today, OPEC reported a rise of 188,000 barrels per day in its production for April to 32.44 million, Reuters added. This is the highest level since 2008.

Southwestern Energy is a Houston-based independent energy company that is focused on the exploration for, development and production of natural gas and oil.

Separately, TheStreet Ratings has set a "sell" rating and a score of D on Southwestern Energy stock. This is driven by multiple weaknesses, which TheStreet Ratings believes should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks it covers.

The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, poor profit margins, weak operating cash flow and generally high debt management risk.

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: SWN